Syon Capital LLC Buys 13,620 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Syon Capital LLC grew its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 20.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 79,167 shares of the bank’s stock after buying an additional 13,620 shares during the quarter. Syon Capital LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $721,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC bought a new stake in Banco Bilbao Vizcaya Argentaria during the 4th quarter worth $44,000. Paradigm Asset Management Co. LLC boosted its stake in shares of Banco Bilbao Vizcaya Argentaria by 66.7% during the third quarter. Paradigm Asset Management Co. LLC now owns 7,000 shares of the bank’s stock valued at $56,000 after purchasing an additional 2,800 shares in the last quarter. Cable Hill Partners LLC bought a new stake in shares of Banco Bilbao Vizcaya Argentaria during the third quarter worth about $84,000. Trust Point Inc. bought a new position in Banco Bilbao Vizcaya Argentaria in the 4th quarter valued at approximately $97,000. Finally, CWM LLC boosted its position in Banco Bilbao Vizcaya Argentaria by 30.8% during the 3rd quarter. CWM LLC now owns 10,933 shares of the bank’s stock worth $88,000 after buying an additional 2,576 shares during the period. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Banco Bilbao Vizcaya Argentaria Trading Up 2.9 %

Shares of NYSE BBVA traded up $0.33 during midday trading on Friday, reaching $11.58. The stock had a trading volume of 5,679,454 shares, compared to its average volume of 1,452,865. Banco Bilbao Vizcaya Argentaria, S.A. has a twelve month low of $6.47 and a twelve month high of $12.20. The company’s 50 day moving average price is $10.97 and its 200 day moving average price is $9.60. The firm has a market cap of $69.08 billion, a price-to-earnings ratio of 8.09, a price-to-earnings-growth ratio of 0.57 and a beta of 1.33. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.03 and a current ratio of 1.03.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last issued its quarterly earnings results on Monday, January 29th. The bank reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.02. The firm had revenue of $8.01 billion during the quarter. Banco Bilbao Vizcaya Argentaria had a return on equity of 14.85% and a net margin of 27.15%. As a group, sell-side analysts expect that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.53 EPS for the current year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The firm also recently declared a semi-annual dividend, which was paid on Thursday, April 25th. Shareholders of record on Tuesday, April 9th were issued a dividend of $0.1695 per share. This represents a dividend yield of 4.3%. This is a boost from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.17. The ex-dividend date was Monday, April 8th. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio is presently 48.92%.

Analyst Ratings Changes

Separately, Barclays downgraded shares of Banco Bilbao Vizcaya Argentaria from an “overweight” rating to an “equal weight” rating in a research note on Monday, March 25th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Banco Bilbao Vizcaya Argentaria presently has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Company Profile

Banco Bilbao Vizcaya Argentaria, SA provides retail banking, wholesale banking, and asset management services in the United States, Spain, Mexico, Turkey, South America, and internationally. The company offers savings account, demand deposits, and time deposits; and loan products, such as residential mortgages, other households, credit card loans, loans to enterprises and public sector, as well as consumer finance.